Stab told the ZF Power Summit ’13 Wednesday that Romania cannot be compared its southern neighbor when it comes to energy prices, while the protests caused by natural gas prices in Bulgaria are worrying.
In Romania, 70% to 75% of the gas supply comes from local production, which has relatively low price, while Bulgarian customers pay a price two or three times higher, because the country imports much more gas, Stab said.
He said the electricity markets are, however, comparable, and power distributors took the blame in Bulgaria for price increases.